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Maticusd

MATICUSD Double bullish break-out.Polygon (MATICUSD) closed yesterday above the 1D MA100 (green trend-line) for the first time in 6 months. At the same time it broke above the top (Lower Highs trend-line) of the Falling Wedge pattern since February 18. The 1D RSI was already on a Higher Lows Bullish Divergence since Augst 22 so this is a technical bullish break-out for the long-term. Our target is the 1D MA200 (orange trend-line) at 0.7000. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:MATICUSDLong
by TradingShot
3
MATIC Surges 3% - Time to Long and Ride the Wave!MATIC token has experienced a remarkable surge, soaring up by a staggering 3% in just a short span of time! This is an exciting development that should not be overlooked, and I encourage you to seize this opportunity and consider going long on MATIC. The recent 3% surge in MATIC is a clear indication of the growing strength and potential of this remarkable cryptocurrency. As traders, we are always on the lookout for promising opportunities, and MATIC has consistently proven itself as a force to be reckoned with in the market. This surge serves as a testament to the resilience and upward trajectory of this incredible token. Now, you might be wondering why this surge matters and what it means for you as a trader. Well, let me tell you, it's time to get excited! A 3% increase may seem small to some, but it's the beginning of a potential rally that could propel MATIC to new heights. By going long on MATIC, you position yourself to reap the benefits of this upward momentum, potentially maximizing your profits in the process. So, how can you take advantage of this exciting opportunity? It's simple! Consider opening a long position on MATIC, placing your trust in its potential for further growth. By doing so, you align yourself with the positive market sentiment surrounding this token, positioning yourself for potential gains as the price continues to climb. Remember, the crypto market is highly dynamic and ever-changing. Opportunities like these are what make trading so thrilling and rewarding. However, it's important to always conduct your own research and exercise caution when making investment decisions. While MATIC's recent surge is a promising sign, it's crucial to analyze the market trends and indicators before taking any action. As always, I encourage you to stay informed, keep an eye on the market, and make well-informed decisions based on your own risk appetite and trading strategy. Don't miss out on this exciting opportunity to long MATIC and potentially ride the wave of its upward momentum! Wishing you profitable trades and an exciting journey ahead!
MLong
by bryandowningqln
0.3840-0.5620: Important boundary rangeHello? Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (MATICUSDT chart) (1M charts) The StochRSI indicator has entered the oversold zone and a change in slope has occurred. Accordingly, the possibility of a trend reversal in the StochRSI indicator is increasing. The key is whether the price can be maintained above 0.4010. (1W chart) On the 1W chart, the 0.559 point corresponds to an important support and resistance point. Accordingly, the key is whether the price can be maintained around 0.559 and rise. (1D chart) With the 0.3840-0.5620 range as the boundary range, we believe that anything below 0.3840 corresponds to the mid- to long-term investment period. Accordingly, if it falls below 0.3840, it is recommended to stop trading and wait for it to rise. In order to reverse the trend, the price must be maintained by rising above the MS-Signal indicator on the 1M, 1W, and 1D charts. Accordingly, the price must be maintained by rising above the M-Signal indicator corresponding to the MS-Signal indicator. (MS-Signal indicator is composed of M-Signal indicator and S-Signal indicator.) Since it has not risen above the MS-Signal indicator on the 1D chart, it has not been able to turn into a short-term upward trend. Therefore, in order to turn into a short-term uptrend, the price must rise above 0.5620 and maintain the price. -------------------------------------------------- ------------------------------------------- ** All explanations are for reference only and do not guarantee profit or loss in investment. ** Trading volume is displayed as a candle body based on 10EMA. How to display (in order from darkest to darkest) More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA ** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own. ** This chart was created using my know-how. ---------------------------------
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by readCrypto
2
Dollar-Shop altcoins 💵 MATIC, SUI, ARBHi Traders, Investors and Speculators of Charts📈📉 For now, this is the last video in the 3-part series of altcoins that are trading well under 1 dollar. These coins make for great additions to a diversified portfolio AND with such a cheap price, why not get a few. You never know which one will 100x 🤑 SUI makes some great arguments in terms of fundamentals, including horizontal scalability and being able to directly pass an asset (such as an NFT), directly into a function argument; great for storage. MATIC looking like it wants go head back to the 30's: NOTE that these are accumulation ideas ideally. You can definitely swing trade once they have doubled, but keep a few around for incase one of them x10 or x100. _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We thank you for your support ! CryptoCheck BINANCE:MATICUSDT COINBASE:MATICUSD BINANCE:ARBUSDT COINBASE:ARBUSD BINANCE:SUIUSDT BITSTAMP:SUIUSD
by CryptoCheck-
46
MATIC.USD (SHORT-TERM)Hello friends. How are you today? It's the second analysis that I publish today. Many users asked me to talk about Matic for Short-Term So I decided to talk about that briefly. I use Gann Fan and Ichimoko and the time frame is Weekly. According to the data, the price still respects the Gann Fan's line. It looks nice. Also, I use ichimoko too. Based on Ichimoku the price is below the Tenken-sen and Kijun-sen, the future cloud is still bearish and the Chiko span is below the Candles.we had a negative swsitch between tenkensen and Kijunsen. It means we are still in a bearish trend. and the time shows us about 2-3 weeks later, the price will touch the purple line (1/3) Also, the price action tells us the first support zone could rescue the price against more drops. As a result, I expect that the price will drop to 0.42 USD first and if this support zone could not prevent more dropping, we should see the price in the second support zone. But in the long-term, I expect more dropping, minimum to second support zone. So, we have to be patient and see what will happen… Please don’t forget to write your comments ✍️✍️ Like 👍👍 and Share 👌👌 this Vision with your friends. Have a good day Ho3ein.mnD
MShort
by Sticky-Stock
MATIC's Market ResilienceOn October 12, 2023, MATIC is priced at $0.5090, holding strong in a shaky market. Polygon (MATIC) has caught the market's attention mainly because of its Layer 2 scaling solution for Ethereum. This has led to increased interest from institutions, new partnerships, and a positive outlook in the crypto market, propelling a 57% growth since the start of 2023. Most Probable Scenario: The technical analysis for MATIC shows mixed signals with both bullish and bearish outlooks. On one hand, the inability to reclaim the 50-day EMA has triggered a sell-off, hinting at a potential test of the crucial $0.49 support level. Additionally, a possible bearish flag pattern suggests a further decline towards the $0.50 mark. On the other hand, Elliott Wave analysis presents a bullish outlook, hinting at potential upward movement in the near term. MATIC's price behavior has shown similarities to Ethereum's past price action, suggesting a possible strong rally in 2023 if this pattern holds. Like Ethereum, MATIC's price was positively impacted by a bearish reversal on the U.S. Dollar (DXY), which could play a significant role in its future price movement. In the short term, analysts project a price of $0.54246 by October 12, 2023, and $0.745609 by October 14, 2023. However, the general sentiment is leaning towards a bullish outlook for MATIC in 2023, especially if it continues to follow a similar pattern to Ethereum. This analysis brings together a range of technical and fundamental factors that could affect MATIC's price. Continuous monitoring of market dynamics, particularly the U.S. Dollar trend and Ethereum's performance, alongside MATIC's fundamental developments, will offer a clearer understanding of its future price trajectory.
M
by MonoCoinSignal
11
MATIC Faces Rain 🌧️, Next 24 Hours Bearish Cloudy ☁️, rainy 🌧️, and even stormy ⛈️ trading conditions lie ahead in the next 24 hours. This translates into a bearish market with downside risk for cryptocurrencies. Particularly Polygon, Ether, Cardano, and Polkadot may come under pressure. Over a one-week horizon, the bearish trend will continue to linger over the crypto universe with Bitcoin being the notable exception. Slightly bullish sun ☀️ will shine over the world’s largest cryptocurrency with a possible upside in its price over this longer time horizon, ATTMO forecasts show. Follow us for more crypto weather reports!
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by ATTMO
MATIC Bullish 24-Hours and One-Week Horizon ☀️Bearish clouds ☁️ weigh on the global crypto market in the next 24 hours, signaling a downside risk. However, Cardano, Avalanche and Polygon face more lenient trading conditions, with ATTMO indicating some slightly bullish sun. ☀️ Over a one-week horizon, this slightly bullish sun is set to shine over both major cryptocurrencies – Bitcoin and Ether. ☀️ This upward trend is forecast to be even stronger for Cardano, Avalanche and Polygon. Other coins, including Litecoin, Ripple, Binance Coin, Dogecoin and Polkadot won’t profit from this sun and will continue to face slightly bearish clouds. ☁️ Follow us for more crypto weather reports!
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by ATTMO
MATIC/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this MATIC/USDT update from Crypto Sanders. Chart Analysis:- Polygon (MATIC) rose for a back-to-back session on Wednesday, hitting a multi-week high in the process. MATIC/USD moved to an intraday high of 0.5937 in today’s session, which comes following a low of 0.5523 the day before. This resulted in the polygon climbing to its highest point since August 29, when the price peaked at 0.6355. the surge saw the relative strength index (RSI) rise past a ceiling at the 62.00 zone. the index is now at a reading of 62.76, with an upcoming resistance level at the 70.00 point. A crossover between the 10-day (red) and 25-day (blue) moving averages also seems to be one of the reasons for today’s rally. I have tried to bring the best possible results in this chart. If you like it, hit the like button and share your charts in the comments section. Thank you.
MLong
by CryptoSanders9563
Matic: Sell in May and go away 🐻⁉️📆 We can see that the month of May is a crucial month. The range contained in the 🟥 red rectangle has already been tested several times, and in May last year we had a sharp drop. Here we are again in the month of May, on top of that range. Will it fall again? I don't know. But if it drops again, I would bet on a drop to some Fibonacci region drawn on the chart, and after any reversal signals I would look for an entry. But before that, I believe that there will be a spike in the rise, and depending on the context, it will not even fall as expected. Just having a crystal ball to know. 🔎 Doing a complementary analysis using on-chain data, we can see that Uniswap's liquidity pools suffered a relevant decrease in the month of May: 🔎 And the total trade volume on Uniswap (in USD) also has this setback: 🔎 Another item that I found interesting to point out, looking at the on-chain data, is the "New address created with non-zero starting balance" in the blockchain, which broke down an important level: 🟢 Despite everything, I remain bullish. It's not because the last month of May was bad that we will necessarily now have a bad month too. The last three arrows in the red rectangle indicate that there was a test in this region, and the price did not break down, which could indicate that at least we will have a rebound if there is a stronger drop. Another thing to note is that the TVL (Total Value Locked) in blockchain seems to be showing signs of reversing:
MLong
by andre_007
2
MATIC Faces ☁️ - Downside Risk. Short Opportunity? 🤔Bullish sun shines over the global crypto market in the next 24 hours. ☀️ Some altcoins such as MATIC, XRP, and Avalanche do, however, face some ☁️ and a slight downside risk. Over a one-week horizon, ☁️ and rainy trading conditions can be expected, signaling a bear market for most of the crypto universe, MATIC included. Binance, Polkadot, and Chainlink won’t be affected, according to ATTMO, which forecasts ☀️ over this longer period. Follow us for more crypto weather reports!
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by ATTMO
MATIC Polygon Price Target after Court approves FTX LiquidationGiven the recent developments in the crypto space, there are several factors that point towards a bearish outlook: FTX Liquidation of $3.4 Billion in Crypto Assets: The approval by the Delaware Bankruptcy Court for FTX to liquidate $3.4 billion in crypto assets is a significant event. This influx of a substantial amount of cryptocurrency into the market could potentially lead to an oversupply situation. When a large amount of assets is dumped into the market at once, it can put downward pressure on prices. Limited Sales in the First Week: The imposed limit of $50 million for the first week indicates a controlled release of these assets. This may imply that FTX anticipates potential market disruption if a large volume is sold at once. However, even with controlled release, the market could still experience downward pressure. Potential for Increased Limits: The provision for increasing the limit with the approval of the creditors’ committee and ad hoc committee, or potentially even up to $200 million weekly with court approval, shows that there's room for further selling pressure in the coming weeks. Binance US CEO Resignation: The resignation of Binance US President and CEO, Brian Shroder, could potentially signal internal challenges within the exchange. Leadership changes in major crypto exchanges can lead to uncertainty and can impact market sentiment. Asset List: The assets listed for liquidation include some of the major cryptocurrencies in the market such as Bitcoin, Ethereum, WBTC, WETH, USDT, SOL, XRP, STG, APT, BIT, DOGE, MATIC, FTT, TON and more. If a significant portion of these assets are sold off, it could have a widespread impact on the market. Market Sentiment and Confidence: These events combined might lead to a loss of confidence in the crypto market, especially if investors perceive them as signs of instability or potential oversupply. Regulatory Considerations: The fact that a bankruptcy court is involved in this process highlights the regulatory environment surrounding cryptocurrencies. Heightened regulatory scrutiny or intervention can have a dampening effect on the market. Considering the above, my Price Target for MATIC Polygon is $0.41. Looking forward to read your opinion about it.
MShort
by TopgOptions